Mover for Clearwater split up, implicated in insider trading allegation

摘要

SAC Capital Advisors founder Steven Cohen — whose hedge firm pushed Clearwater Paper in August to split into two separate companies, one focused on tissue and one focused on paperboard/pulp — was implicated by US officials in an alleged insider- trading scheme that regulators claim was the most lucrative ever, and SAC this week said it expected to face civil fraud charges, the Wall Street Journal reported.